Francis Abel 
OPay, a leading financial technology company, has warned its customers against trading in cryptocurrency or any virtual currency on its app. In a notice issued on Friday, the company said it would block any account found engaging in such trading and also forward the details of the account owner to the regulator. READ ALSO :CBN … Read more
The Naira closed the week on a positive note, trading at N1,400.40 against the dollar, according to data from the FMDQ Exchange. The Naira gained N2.27, representing a 0.16 per cent increase when compared to Thursday’s exchange rate of N1,402.67. However, the total daily turnover reduced to 201.88 million dollars on Friday, down from 232.84 … Read more
President Bola Tinubu is set to commission three critical gas infrastructure projects being undertaken by the Nigerian National Petroleum Company Limited (NNPCL) and partners. The projects support the federal government’s effort to grow value from the nation’s gas assets while eliminating gas flaring. The delivery of the projects was accelerated from the inception of the … Read more
As part of measures to further empower, create wealth, and reduce poverty among Nigerian youths, the SMEDAN Idea Film Academy has trained over 200 persons since 2022. The founder of the academy, Mr. Adeolu Adeyemo, made this known during a news conference in Abuja. The news conference was also to premiere the movie “Fitila” during … Read more
Data released by the National Bureau of Statistics (NBS) revealed that 18 out of the 36 states in the country failed to attract foreign investment in the last three years (2021 – 2023). NBS listed the states as follows : 1. Bauchi 2. Bayelsa 3. Benue 4. Borno 5. Cross River 6. Ebonyi 7. Edo … Read more
As Nigerians battle fuel scarcity, over 9,000 oil marketers are on the verge of losing their operating licences. As a result, the Independent Petroleum Marketers Association of Nigeria is urging the Nigerian National Petroleum Company Limited to extend its final deadline for licensing renewal to July. It also appealed to the Nigerian Midstream and Downstream … Read more
The Nigerian currency, naira, on Thursday slightly depreciated at the official market, trading at N1,402.67 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira lost N11.71 This represents a 0.84 per cent loss when compared to … Read more
The Federal Government has hinted that the construction of coastal routes in Nigeria has the potential to attract foreign investment and contribute to a stronger naira. The Minister of Works, Sen. Dave Umahi, gave the hint at the unveiling of the new design routes for the Lagos-Calabar Coastal Highway project on Wednesday in Lagos. According … Read more
The Importance of Dental Insurance: Protecting Your Smile and Overall Health When it comes to maintaining good health, many people focus on medical insurance and overlook the importance of dental insurance. However, oral health is a crucial component of overall well-being, and neglecting it can lead to serious health consequences and costly dental treatments. In … Read more
The Federal Government, FG, says it will stop awarding licences to gas businesses with no ability to develop pipes for gas distribution. The government stated that this was necessary to discourage the transportation of compressed natural gas on roads. The Minister of State for Petroleum (Gas), Ekperikpe Ekpo, made this disclosure when he was in … Read more